New Delhi, Dec. 4 -- Brewery stock BCL Industries, on Thursday, announced that the board has approved the sale of the company's land Hazi Ratan Link Road in Bathinda and the acquisition of a 25% stake in Svaksha Distillery Limited.

On Thursday, brewery stock was trading marginally up at Rs.32.50 on NSE. The stock has been under pressure lately as it has descended by over 18.10% in the last month and 22% in six months.

However, the stock more than doubled its investors' wealth by giving multibagger returns of 350% in the last five years.

In an exchange filing, BCL Industries said that the board has approved the following -

i) Sale of Company's land situated at Hazi Ratan Link Road, Bathinda and authorized Mr. Rajinder Mittal, Managing ...